-- Direct Insite Corp. to Deliver Electronic Payments Platform to
Major Hotel and Hospitality Company --

October 01, 2012 09:00 AM Eastern Daylight Time

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Direct Insite (OTC BB: DIRI.OB), a leading provider of cloud-based
e-invoicing solutions for Accounts Payable, Accounts Receivable, and
Payments services, today announced that it has signed a three-year
contract valued at more than $300,000 with a major hotel and hospitality
company to provide electronic payment services.

The company will use Direct Insite’s PCI Certified Payment Gateway to
enable corporate and event clients to make online payments using cards
or the Automated Clearing House (ACH) Network.

Allowing its largest customers to electronically pay for big-ticket
purchases will significantly streamline the company’s invoicing process
and potentially accelerate its cash flow. Customers will benefit from
the opportunity to maximize rebates from card issuers on payments made
using p-card.

"Hosting and catering an event for a large corporation is a complex
undertaking that generates complex invoices. Our electronic invoice and
payment capabilities eliminate this complexity for all parties involved,
while creating new opportunities for corporations to maximize their
p-card rebates,” said Direct Insite President and CEO Matthew E. Oakes.
“As companies accelerate their push towards electronic payments, our
Invoices On-Line e-invoicing platform continues to stand apart for its
invoice-centric approach to payments, breadth of capabilities, and
seamless integrated e-invoicing functionality."

Direct Insite's Invoices On-Line Payment Gateway will help the hotel and
hospitality company safeguard cardholder data and prevent payment fraud.
Meeting the requirements of PCI Compliance, Invoices On-Line never
stores sensitive payment data within the merchant's firewalls. Deploying
Direct Insite's Invoices On-Line also creates a platform for the hotel
and hospitality company to present electronic invoices to its customers
and automate invoice workflow and dispute management.